Board approves proposed acquisition of equity shares in Rajal Lefin and Commercial
Price
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Sharp Investments board on 26 June 2026 approved a proposed investment by acquiring equity shares of Rajal Lefin and Commercial Private Limited (RLCPL). The deal is subject to valuation, legal and financial due diligence, commercial assessment, execution of definitive agreements, and receipt of statutory and regulatory approvals. Management has been authorised to finalise the percentage, mode, structure, consideration mechanism, and other commercial terms. The board also approved engaging valuers, consultants, legal advisors, chartered accountants, and other professionals. Meeting ran from 4:00 PM to 6:00 PM. No deal value or stake size disclosed.
Early-stage acquisition proposal with no financial terms disclosed yet. Shareholders should await updates on valuation, stake size, and required clearances.